secwatch.observer — SEC 8-K summary
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Issuer:     BRUNSWICK CORP (BC)
CIK:        0000014930
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0000014930-24-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brunswick Q4 sales $1.36B, adj EPS $1.45; FY adj EPS $8.80, 2024 outlook $7-8
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- Full-year 2023 net sales $6.4B (-6% YoY), GAAP diluted EPS $6.13 (-32%), adjusted diluted EPS $8.80 (-12%).
- Q4 2023 net sales $1.36B (-14% YoY), GAAP diluted EPS $1.03 (-47%), adjusted diluted EPS $1.45 (-27%).
- 2024 guidance: net sales $6.0-6.2B, adjusted diluted EPS $7.00-8.00, free cash flow >$350M, Q1 rev $1.3-1.4B.
- Segment: Propulsion sales -12% (outboard share +50 bps total, +150 bps >30HP); Boat -22%; Navico -17%; Engine Parts & Accessories -1%.
- Operating cash flow $745M (up $165M); capex $289M; share repurchases $275M; dividends $112M; board authorizes >$500M buybacks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/14930/000001493024000007/0000014930-24-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/14930/000001493024000007/bcorp-20240201.htm
  HTML page:      https://secwatch.observer/filing/0000014930-24-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer